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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Palmyra at 97 Robins Ct, Palmyra, VA, 22963 generates $3,737/mo in rent and, after a $2,814/mo payment, leaves $265/mo in cash flow. Total monthly income is $3,737/mo, and annual cash flow is $3,181/yr on $189,175 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 7.8% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 112.45% and total cumulative return in cash sums $212,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,737/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
0.49 Acres lot
$N/A/sqft
$105 quarterly HOA
Neighborhood data shown for ZIP Code: 22963, Palmyra, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 6,070 (82.8%) |
| Renter Occupied HU | 755 (10.3%) |
| Vacant Housing Units | 505 ( 6.9%) |
| Median Home Value | $328,349 |
| Average Home Value | $376,623 |
Residential
7,189
Single Family
7,179
Multi-Family
10
Businesses
227
Date | Event | Price |
|---|---|---|
| 2025-08-11 | Sold | $575,000 |
| 2025-07-20 | Pending sale | $570,000 |
| 2025-07-11 | Listed for sale | $570,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3597.13 | N/A | $426,200 | 16.58% |
| 2022-10-16 | N/A | N/A | $365,600 | N/A |
| 2021-10-16 | N/A | N/A | $365,600 | N/A |
Listed by: RUTH GUSS • RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #666777
